A Decrease in Demand with the Supply Held Constant Leads

question 69

Multiple Choice

A decrease in demand with the supply held constant leads to:

• A) ​an increased equilibrium price and an increased equilibrium quantity.
• B) ​a decreased equilibrium price and a decreased equilibrium quantity.
• C) ​a decreased equilibrium price and an increased equilibrium quantity.
• D) ​an increased equilibrium price and a decreased equilibrium quantity.

---

Definitions:

Agreeableness

A personality trait characterized by qualities of being kind, cooperative, and sympathetic toward others.

Stability

The state or quality of being resistant to change or failure; the ability to maintain a constant condition.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability, often contrasted with introversion.

Personality Traits

Personality traits are enduring characteristics or qualities that describe an individual's consistent patterns of feelings, thoughts, and behaviors.